ISHARES GLOBAL INFRASTRUCTUR (IGF) Stock Technical Analysis
NASDAQ:IGF - US4642883726 - ETF
59.87 USD
+0.04 (+0.07%)
59.25 USD
-0.62 (-1.04%)
Overall IGF gets a technical rating of 5 out of 10. In the last year, IGF was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
IGF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so IGF is lagging the market slightly.
When compared to the yearly performance of all other stocks, IGF outperforms 54% of them, which is more or less in line with the market.
In the last month IGF has a been trading in a tight range between 59.40 and 61.73.
Volume is considerably higher in the last couple of days.
IGF has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
50.48
62.05
We found 6 important support areas.
- A support zone ranging from 59.11 to 59.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 56.83 to 57.72. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @55.09 from a trend line in the weekly time frame.
- Support @53.03 from a horizontal line in the weekly time frame.
- A support zone ranging from 51.87 to 51.88. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @50.99 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 60.34 to 61.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IGF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for IGF is neutral. |
| ChartMill Relative Strength | 54.47 | NEUTRAL | IGF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of IGF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IGF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IGF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.96 | NEUTRAL | The RSI value for IGF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests IGF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.17 | OVERSOLD | The low Stochastics value suggests IGF may be oversold. |
| Average True Range in percent/ATR (20) | 0.74 | LOW VOLATILITY | The low ATR as a percentage value for IGF suggests low volalility. |
| Average Directional Index/ADX (14) | 21.63 | NEUTRAL | The ADX value for IGF suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
59.87
+0.04 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.07%
1 Week-1.22%
2 Weeks-2.14%
1 Month-0.84%
3 Month0.44%
6 Month13.05%
12 Month14.91%
2 Year38.3%
3 Year43.13%
5 Year55.18%
10 Year58.68%
15 Year75.26%
Volatility
ATR(14)0.47
ATR(20)%0.74%
ATR Inc31.14%
Range Today0.71
ADR(20)0.39
ADR(20)%0.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.47
Mansfield-0.21
10 Day High61.73
10 Day Low59.4
20 Day High61.73
20 Day Low59.4
52 Week High61.73
52 Week Low49.74
CS1 End59.71
CR1 Start60.34
Volume & EV
DER(3)1.89%
DER(5)0.84%
Volume745.30K
Volume Incr75.83%
Vol(5)1.28M
Vol(50)745.00K